Indian benchmark indices ended 2021 on a positive note. Sensex added 460 points to close at 58,253.82 points. Nifty ended at 17,354.00 by gaining 150 points.
All sectoral indices closed in green. Metals led the rally. Realty, Banking and Financial Services, FMCG, Consumer durables and Auto supported with more than 1% up moves. Pharma and Healthcare continued their rally. When it comes to individual stocks, Hindalco remained as top gainer with 5.76% gains. NTPC was top loser.
There were a lot of buzz around several acquisitions. Both Reliance Industries and Tech Mahindra were in news for stake purchases in foreign entities.
The Omicron variant cases are soaring. Amid rising cases and fears of curbs, markets did well today. During this calendar year both Nifty 50 and Sensex gained 24% and 22% respectively. Midcaps rallied more than 45%, while small-caps soared almost 60%. Nifty Metals gained 70%, Nifty IT rallied over 50% and Nifty Realty gained over 50%. All sectoral indices added at least 10% this year.
Today, January F&O series has started. The third quarter results will come in forthcoming days. These results and Omicron issue may impact the market trend